TerraUSD

Terra Founder Do Kwon Arrested At Montenegro Airport

According to the Montenegrin Interior Minister’s Twitter account, Montenegrin police have detained Do Kwon, the founder of Terra, for falsifying…

2 years ago

Bank Of Israel Tightens Regulations With New Stablecoin Regulation Proposal

Key Points: The Bank of Israel has published regulatory rules for stablecoins, which follow regulatory guidelines on digital assets issued…

2 years ago

Moody’s Works Scoring System For 20 Stablecoins

Key Points: As the stablecoin asset class expands and comes under more and more regulatory and investor scrutiny, Moody’s is…

2 years ago

Binance Receives Failure To Maintain “Flawless” Its Stablecoin’s Reserves In The Past

Key Points: Binance acknowledged systemic issues that resulted in at least $1 billion of its Binance Smart Chain BUSD supply…

2 years ago

US Federal Reserve Warns Banks Of Digital Asset Risks After FTX Collapse

Key Points: The US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency…

2 years ago

Binance Sued By French Investors For Over 2.4 Million Euros In Losses

Key Points: Binance France and Binance Holdings Limited are being sued for alleged fraudulent concealment and deceptive business activities. The…

2 years ago

Wintermute Surpasses Troubles Impressively During a Bear Market

Key Points: Wintermute is emerging as a disruptive company in the crypto market. The company booked $225 million in revenue…

2 years ago

South Korea Seizes $104 Million From Terra Co-Founder On Grounds Of Alleged Ill-Gotten Gains

While other collapsed ecosystems were given more attention by the cryptocurrency exchange FTX, South Korean authorities are still working to…

2 years ago

South Korea Seize Nearly $100 Million In Assets Belonging To Terra’s Co-Founder

The prosecution's motion to seize Shin Hyun-assets Seong's has been granted by a South Korean court due to his involvement…

2 years ago

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